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Where has the Austrian economic theory worked?
ElNono called them fairytales, twice. Is that unclear in some way...
Where has the Austrian economic theory worked?
It hasn't
I have no interest in any libertarian island but you are obviously out of arguments.
You are evaluating how effective government intervention in the economy is right now. The economic crisis of 2008 is a perfect example.
teach us profe, we yearn for knowledge...
Where has it been tried?
Yes, because then he proceeded to post two excellent videos. Usually you do not post videos of the things your are insulting. Instead you post some video mocking it.
perhaps it was blank parody
Yes. It is a perfect example of how deregulating financial markets led to an economic recession/depression. Let me guess, it was the CRA that caused the crash?
and don't forget ACORN registering millions of fraudulent voters and giving seminars on pimping and whoring.
What do you mean "support" them?
I posted them as they're relevant to the conversation.
lol Austrian fairy tales
No it was government intervention,
Meltdown: A Free-Market Look at Why the Stock Market Collapsed, the Economy Tanked, and Government Bailouts Will Make Things Worse (Thomas E. Woods Jr., Ph.D. History, 2009)
Financial Fiasco: How America's Infatuation with Homeownership and Easy Money Created the Economic Crisis (Johan Norberg, M.A. History, 2009)
Gambling with Other People's Money (PDF) (Russ Roberts, Ph.D. Professor of Economics, 2009)
The Housing Boom and Bust (Thomas Sowell, Ph.D. Professor Emeritus of Economics, 2009)
Austrian Thymologists Who Predicted the Housing Bubble (Walter Block, Ph.D. Professor of Economics)
Do you like and/or agree with the videos your posted?
Why would I do that? They're two very different, very opinionated schools of thought. If anything, the videos go to the fact that there's no right or wrong, just opinions.
I call Austrian economics a fairy tale simply on the fact that they rue empirical data being applied to their methodology.
I think the videos are well done to pass across the message that there's diverging opinions on how to handle the economy.
dp
Thomas E. Woods Jr: Woods is considered a libertarian and is a proponent of the Austrian school of economics.
Johan Norberg: Since March 15, 2007 he has been a senior fellow at the Cato Ins ute.
Russ Roberts: Russell Roberts is a professor of economics at the George Mason University Mercatus Center. The Mercatus Center at George Mason University (GMU) in the United States is a non-profit market-oriented research, education, and outreach think tank affiliated with the Koch family
Thomas Sowell: A National Humanities Medal winner, he advocates laissez-faire economics and writes from a conservative and libertarian perspective.
Walter Block: a free market economist and anarcho-capitalist associated with the Austrian School of economics
Do you have anything not written by libertarians, Cato, Koch, Heritage, Austrian believers, etc?
Cato is a libertarian think tank so that is redundant. None of that is related to the Heritage Foundation. Thomas Sowell is not a libertarian, he is your best bet.
Am I supposed to have something written by a Marxist promoting a free-market reason for the economic crisis? I don't understand your objections.
FYI, Dr. Roberts books is free.
... says the VRWC/1% shill and all the VRWC stink tanks/apologists/liars.
Is a libertarian right-wing? You never answered this last time.
libertarian is mostly right wing, the most dangerous right-wing policies being reducing/killing regulatory agencies, like EPA, OSHA, SEC, FDA, etc, and trusting UCA to Do The Right Thing.
Self-regulation/policing NEVER works, except is Randian fantasies.
So you don't have anything. Okay. It's a lot of links pointing to the same side of the coin.
I'm not objecting, but why not? Do you actually read opposing views at all or you just do your reading merely to feed your confirmation bias?
No libertarians are not right-wing at all. It would be phenomenal if all those agencies were reduced/killed.
What is UCA?
Why would I recommend a view I didn't agree with? Of course I read opposing views.
Why not? Do opposing views become invalid when you stop agreeing with them?
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